Home Business Insights & Advice The top small business trends of 2019

The top small business trends of 2019

by LLB Reporter
7th Jun 19 11:10 am

Smaller businesses all across the world are a growing force which is gaining popularity and notice all the time. With so many people deciding to branch out and start their own enterprise, there’s a growing community of people who all work together for a common good.

So naturally, trends start to develop for these businesses and their way of doing things. The small business trends for 2019 are pretty impressive, so we’re going to be taking a look at what’s relevant right now.

The importance of health and wellness benefits

Smaller businesses can not necessarily afford the considerable resources which giant corporations have at their disposal. So they make up for this by being able to provide health and wellness benefits. Things like spa days, mental health holidays and other schemes are all proving to be increasingly popular and it is easy to see why this is the case. They represent a growing group of people who want to give a more intimate standard of care to make up for a potential lack of funding.

Cryptocurrencies

By now, nearly everyone has heard of the crypto currency. It’s a great tool for anyone who wants to be able to pay for things in a new and exciting way. So many businesses are buying bitcoins with PayPal, and getting involved in the newest form of online wealth. It’s worth exploring if you haven’t done so already.

Remote working

It’s not all about being able to come in and work at a desk anymore. There’s a real emphasis being placed on remote workers and the skills that they can offer. When the people best qualified for the position are the other side of the country, they can’t commute for the position, and smaller businesses don’t have the resources to incentivise them into moving closer. So they allow them to work remotely, and have access to their talents without the cost. This applies to people all across the world now – we’re all interconnected.

Consistent communication

In a world where the leaders of massive industries don’t necessarily talk to their employees about the goal of the company, smaller business are bucking this trend by consistent communicating properly with their team. Dreams, ambitions and doubts are shared, and the end result is that not only does the employee feel important enough to be trusted with the information, but they also have a much clearer goal of where the business is going.

Overall, these are just a few of the different things that smaller business are really putting an emphasis on doing in 2019. They’re pushing the limits of what’s important and what is not, which means that they have the potential to change the way that all businesses like them operate. There are many things which separate smaller organisations from their bigger and more impressive counterparts. A good example of this are the trends that they follow. In some cases, they have unique advantages over the bigger companies because of how they conduct themselves.

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